Monthly Operational Summary of Bank and ida proposed Projects

The Global Environment Facility (GEF)

In addition to projects financed by the World Bank, the World Bank Monthly Operational Summary reports on projects financed by the Global Environment Facility (GEF).

The GEF was established in 1991 by a Resolution of the World Bank Executive Directors as a pilot program to assist in the protection of the global environment and to promote environmentally sound and sustainable economic development. The GEF operates as a mechanism for providing new and additional grant and concessional funding to meet the agreed incremental costs of measures to achieve agreed global environmental benefits in the focal areas of climate change, biodiversity, international waters, land degradation chemicals, sustainable forest management (SFM)/REDD+, and under the Least Developed Countries Fund (LDCF) and the Special Climate Change Fund—adaptation to climate change. The GEF consists of an Assembly of 183 participating countries, a Council, a Secretariat a Scientific and Technical Advisory Panel, and 14 Implementing Agencies – ADB, AfDB, CI, DBSA, EBRD, FAO, IADB, IFAD, IUCN, UNDP, UNIDO, World Bank, and WWF.

As one of the Implementing Agencies of the GEF, the World Bank assists its member countries conserve and sustainably use their biological diversity, reduce their emissions of greenhouse gases and adapt to climate change, manage shared water bodies and reduce their emissions of ozone-depleting substances by accessing GEF resources to cover the incremental costs of additional actions on these global issues.

To be eligible for GEF co-financing, projects must be consistent with at least one of the GEF's 'Operational Programs' and meet the GEF project eligibility criteria.

For additional information on the GEF, contact the GEF secretariat or visit its website: www.thegef.org/gef

The GEF Secretariat

1818 H St. NW

Washington DC 20433, USA

Tel: [phone]

Fax: [phone]

E-mail: [e-mail]